SCI Puts Iran Inflation at 8.3%

EghtesadOnline: The average goods and services Consumer Price Index in Iran over the 12-month period ending Feb. 19, which marks the end of the 11th Iranian month, increased by 8.3% compared with last year’s corresponding period, the Statistical Center of Iran reported.

News ID: ۷۸۱۸۵۳

24 February 2018

The inflation rate shows 0.1% increase compared to last month.  The SCI put urban and rural inflation for the month at 8.2% and 9.1% respectively, which show a 0.1% increase for urban areas and a 0.1% decrease for rural areas compared to last month.

The overall CPI (using the Iranian year to March 2017 as the base year) stood at 111.2 in Bahman, indicating a 0.3% rise compared with the previous month.

The inflations’ year-on-year increase was at 8.2%: 8.4% for urban areas and 7.4% for rural areas, indicating a 0.3%, 0.1% and 0.8% decline compared to last month respectively, Financial Tribune reported.